stop-loss order


noun

Definition for stop-loss order (2 of 2)

stop order

noun

an order from a customer to a broker to sell a security if the market price drops below a designated level.
Also called stop-limit order, stop-loss order.

Origin of stop order

First recorded in 1870–75

British Dictionary definitions for stop-loss order

stop order

noun

stock exchange an instruction to a broker to sell one or more shares when the price offered for them falls below a stipulated level Also called: stop-loss order